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1965 Sumas Way 4,338 SF Retail Building Abbotsford, BC V2S 4L5 $3,361,126 USD ($774.81 USD/SF)


INVESTMENT HIGHLIGHTS
- High exposure
- Can be configured as restaurant + office/retail or two retail/office units
- Ample parking
EXECUTIVE SUMMARY
Introducing an exceptional 4,660 SF freestanding commercial building along Abbotsford’s high-exposure Sumas Way corridor — ideal for medical, dental, daycare, wellness, professional office, or retail users. Minutes from Highway 1 and the Sumas Border Crossing, this property offers both strong existing utility and notable redevelopment options.
?? Redevelopment Options (Architectural Study)
Option 1 – Split Building into Two Units (Flexible Uses)
• Keep approx. 3,450 SF of the existing building
• Create approx. 1,500 SF of new street-front, demised space
• Can be configured as restaurant + office/retail or two retail/office units (no requirement to keep a restaurant use)
• Parking requirement: 16 stalls (restaurant/retail) + 5 stalls (office/retail)
Option 2 – New Building Addition (Max Lot Coverage Expansion)
• Expand the building behind or adjacent to the existing structure
• Maximum lot coverage of approx. 8,690 SF (50% of the site)
• Parking requirement: 27 stalls (based on general office at 1 stall per 323 SF)
Option 3 – Add a Second Storey
• Explore adding a full second floor
• Would require upgrades to 2024 BCBC, including seismic, accessibility, and mechanical relocation
• Significant opportunity to increase leasable area and long-term income potential
?? Property Highlights
• C3 – Community Commercial Zoning offering wide permitted-use flexibility
• 47 parking stalls (underground + surface)
• Clean Phase 2 Environmental Assessment completed June 2024
• Excellent visibility and access along one of Abbotsford’s busiest commercial routes
• Suitable for owner-occupiers, investors, and redevelopment-focused users
?? Redevelopment Options (Architectural Study)
Option 1 – Split Building into Two Units (Flexible Uses)
• Keep approx. 3,450 SF of the existing building
• Create approx. 1,500 SF of new street-front, demised space
• Can be configured as restaurant + office/retail or two retail/office units (no requirement to keep a restaurant use)
• Parking requirement: 16 stalls (restaurant/retail) + 5 stalls (office/retail)
Option 2 – New Building Addition (Max Lot Coverage Expansion)
• Expand the building behind or adjacent to the existing structure
• Maximum lot coverage of approx. 8,690 SF (50% of the site)
• Parking requirement: 27 stalls (based on general office at 1 stall per 323 SF)
Option 3 – Add a Second Storey
• Explore adding a full second floor
• Would require upgrades to 2024 BCBC, including seismic, accessibility, and mechanical relocation
• Significant opportunity to increase leasable area and long-term income potential
?? Property Highlights
• C3 – Community Commercial Zoning offering wide permitted-use flexibility
• 47 parking stalls (underground + surface)
• Clean Phase 2 Environmental Assessment completed June 2024
• Excellent visibility and access along one of Abbotsford’s busiest commercial routes
• Suitable for owner-occupiers, investors, and redevelopment-focused users
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,338 SF
Year Built
1990
Price
$3,361,126 USD
Price Per SF
$774.81 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.48 AC
Parking
16 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
74’ on Sumas Way
NEARBY MAJOR RETAILERS
1 of 3
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1965 Sumas Way
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